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20121201
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colleague from connecticut, rosa delauro, has introduced that bill year after year. you said that the federal government can borrow money, 10-year notes, even 15-year notes, somewhere around 1.5%, maybe toward 2%. if we were to borrow that, put it into an infrastructure bank and then loan money to infrastructure projects that have a cash flow, sanitation facility, water facility, toll bridges and numerous other kinds of infrastructure, which is desperately needed, we could have a financing system that over time would actually make money for the federal government. could borrow at 1.5%, loan at 1.75%, have a margin there, the money would flow back in. you'd get that revolving. the president has actually proposed this in his american jobs act. he's picked this up during his debate, the fiscal cliff negotiations, put it back on the table. we ought to be doing that. in doing so we will create tens of thousands, indeed hundreds of thousands of american jobs. american jobs. and if we couple that with buy american so that the equipment, the steel, the concrete, the other ingredients
of the rules committee. speaker, when i mention the words hurricane sandy, the wn, connecticut, what do they have in common? an enormous gun strategy, the loss of 26 live, and americans suffering from a devastating storm. our hearts go out to those babies who were lost. it speaks to americans in need. that is why i am is so troubled to be on the floor today. the framework that we have a sense to america that when you are in need, we will not, as this congress and this government, be prepared to help you. i think what is disappointing, just about three days ago we thought there was a deal between the white house and the framework that was offered and the leadership of this house is is disappointing that in the course of a couple of days, we have come to a situation when this plan, plan b, raises only $300 billion from high on -- high income households and it is suggested that millionaires will get $108,000 in tax cuts. but will the middle class in? plan b allows the bush tax cuts to continue the itemized deductions for the rich, giving them more opportunity to keep their money. in fact,
, connecticut, many would wonder what do they have in common. an enormous gun tragedy and the loss of 26 lives, and americans suffering from a devastating storm. our hearts go out to those babies lost. it speaks to americans in need. that is why i am so trouble to be on the floor today. the framework we have says to america when you are in need, we will not be prepared to help you. what is disappointing, and i know for the speaker, it is probably the same case. just about three days ago, we thought there was a deal. between the white house and the framework offered. of this leadership house. it is disappointing. in the course of a couple of days, we have come to a situation where this plan, plan b, raises only about $300 billion from high income households. the centers for budget priority suggests millionaires would get tax cuts over $1 million. what would the middle class get? plan b and aroused -- allows the old bush tax cuts to continue to continue the deductions for the rich, giving them more opportunities to keep their money. we will lose $400 million under this plan in high income revenu
Search Results 0 to 2 of about 3